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OI » Topics » Section 3.2. Reacquisition of Restricted Stock Upon a Termination of Employment

This excerpt taken from the OI 10-K filed Mar 16, 2006.

Section 3.2.           Reacquisition of Restricted Stock Upon a Termination of Employment

 

Upon a Termination of Employment all shares of Restricted Stock granted to the Employee pursuant to this Agreement with respect to which all applicable Restrictions have not yet expired in accordance with Section 3.1 shall be reacquired by the Company immediately

 

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without payment of any consideration by the Company. No payment is due to the Employee upon such reacquisition.

 

This excerpt taken from the OI 10-Q filed May 10, 2005.

Section 3.2.    Reacquisition of Restricted Stock Upon a Termination of Employment

        Upon a Termination of Employment, all shares of Restricted Stock granted to the Employee pursuant to this Agreement with respect to which all applicable Restrictions have not yet expired in accordance with Section 3.1 may be reacquired by the Company immediately without payment of any consideration by the Company.

EXCERPTS ON THIS PAGE:

10-K
Mar 16, 2006
10-Q
May 10, 2005

RELATED TOPICS for OI:

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